Bitcoin in a declining range: technical analysis and accumulation opportunities

BearMarketBuilder · 2026-02-13T16:04:57+00:00

Bitcoin is currently under significant pressure, with a price of $68.49K as of February 13, 2026. Technical indicators suggest a continued bearish trend, including a death cross on MACD. Analyst Eric Crown anticipates a drop to around $60,000, potentially allowing for strategic accumulation by investors.

BearMarketBuilder

2026-02-13 16:04:57

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Bitcoin market is currently in a significant pressure phase, with the latest price reaching $68.49K as of February 13, 2026. Nevertheless, technical indicators suggest that this decline may continue within a lower range.

Technical signals indicate a bearish trend on the monthly level

The death cross of the MACD (Moving Average Convergence Divergence) on the monthly timeframe serves as an important warning for market observers. This phenomenon in technical analysis is known as a strong sell signal, indicating that bullish momentum is beginning to weaken. Other indicators also reinforce this pessimistic narrative, creating a trading environment filled with uncertainty in the medium-term range.

Eric Crown’s downside target and trading opportunities

According to Eric Crown, a former experienced trader quoted through NS3 sources, Bitcoin has the potential to decline further to around $60,000 or even penetrate into the mid-$50,000 range. This projection is not merely speculation but is based on in-depth analysis of historical market patterns and current dynamics.

However, on the other hand, Crown emphasizes that this downward phase actually presents a golden opportunity for accumulation strategies. Most professional investors view each dip near key support levels as a moment to build long-term positions. This critical point in the crypto market cycle does not signify the end of a major uptrend but rather a correction within a longer journey. With proper understanding, traders can leverage the current price pressure to accumulate valuable assets at more attractive prices.

BTC1,05%

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